Tag: LIBOR

How document trail reveals global scam

Saturday 30 June 2012 / Jamie Doward/ guardian.co.uk It’s not a comfortable weekend for the men heading some of the world’s biggest banks. Barclays has already been hit by a £290m fine for rigging interest rates but that could be dwarfed by a series of global lawsuits which could cost […]

Barclays to pay $400M-plus to settle LIBOR charges

Barclays agrees to pay $400M-plus to settle charges it attempt to manipulate key lending rates Associated Press Barclays PLC and its subsidiaries have agreed to pay more than $400 million to settle charges that it attempted to manipulate and made false reports related to setting key global interest rates. The […]